Yeast Ingredients Market worth $2,307.4 Million by 2019, According to a New Study on ASDReports

Thursday 18 September 2014, Amsterdam

The report, now available on ASDReports, "Yeast Ingredients Market by Type (Yeast Extracts, Yeast Autolysates, Yeast Beta-Glucan, Yeast Derivatives & Others), by Application (Food, Feed and Others), by Geography - Global Trends & Forecast to 2019", defines and segments the yeast ingredients market with analyses and projections of the market size, in terms of value and volume. The market has been segmented on the basis of types and applications of yeast ingredients. The report also identifies the driving and restraining factors of the global market with an analysis of trends, opportunities, winning imperatives, and challenges. The market is segmented and the market size is forecasted on the basis of key regions, including North America, Europe, Asia-Pacific (APAC), and Rest of the World (ROW). The key countries are covered with the market size and trends projected for each region.

According to the report, the yeast ingredients market is projected to grow at a healthy CAGR of 6.9% between 2014 and 2019. Yeast extract is projected to grow at the highest CAGR of 7.5%. Yeast extracts are growing due to the rising demand for convenience foods in Asia-Pacific and demand for clean labeled & healthier products in U.S. & Europe.

The North American and European yeast ingredients market is set to exhibit a robust growth as health conscious consumers demand for clean-labeled products and disregard the use of ingredients with artificial ingredients such as monosodium glutamate & hydrolyzed vegetable protein added to enhance flavors in food products. Yeast extract ingredient due to its natural quality is mainly considered as a replacement to artificial ingredients. The Asia-Pacific region is a potential market for yeast ingredients due to which a significant growth in the yeast ingredients market will be witnessed in the next five years as there is an increase in demand for convenience foods. Yeast extract ingredients’ demand in the yeast ingredients market will continue to increase globally as it is a versatile ingredient which can be used to develop different flavor profiles, impart freshness to formulated food and decrease the sodium levels in food. Yeast beta-glucan is the next generation ingredient exhibiting immense growth opportunities in food and feed applications.